Cardo's annual report 2008

Cardo's annual report 2008

This information is such that Cardo must publish under the Swedish Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on March 16 2009 at  3.30 pm. 

Cardo's annual report for 2008 is being published in Swedish today on our
website at www.cardo.com. The printed version will be distributed later to
shareholders and other parties.

In the annual report, Cardo's President and CEO Peter Aru comments: 
“In 2008, Cardo delivered one of its best results ever. This at a time when the
market was very much marked by historically high prices of raw materials and
financia
l crisis. We live in a period of uncertainty as to the future and even if Cardo
is today considerably stronger than in a long time, we face many difficult
challenges during 2009.

Some of the main points emphasized in the annual report are: 
• All financial targets reached
• Improved operating earnings in all divisions for continuing operations
• Increased or unchanged inflow of orders in three of four divisions

At the beginning of April, the English version of the annual report will be
available to read on and download from Cardo's website at www.cardo.com. The
website also provides information on giving notice of intention to attend
Cardo's AGM on April 6. The English version of the printed annual report will be
distributed from mid-April to those shareholders and other parties who have
notified Cardo's subscription service that they wish to receive it by regular
mail. Printed copies may be requested via Cardo Communications and Investor
Relations at info@cardo.com. 


Malmö, Sweden, March 16 2009
Cardo AB (publ)


For further information, pleases contact: 
Maria Bergving, Senior Vice President Communications and Investor Relations,
tel +46 10 47 47 405, +46 70 602 61 81 
Thomas Niklasson, IR/PR Manager, tel +46 10 47 47 459, +46 70 277 99 50

Cardo is a world-leading supplier of industrial doors and logistics systems,
wastewater treatment systems, process equipment for the pulp and paper industry
and garage doors. Operations are pursued in the Group's divisions: Door &
Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and
Residential Garage Doors. With sales of almost SEK 10 billion and more than
6,000 employees worldwide, Cardo delivers solutions that help to solve some the
toughest challenges of our time in the fields of water, transportation and
energy. Corporate headquarters are located in Malmö, Sweden.